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3110 Kurtz Ter
F Composite 33.14
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +8.1/30.0
  • ARV discount +7.6/15.0
  • Condition / age +5.0/5.0
  • Livability +3.5/5.0
  • 1% rule +2.5/10.0
  • Schools +2.4/10.0
  • DSCR +2.2/10.0
  • Rent growth +1.8/5.0
  • Appreciation +0.0/10.0

$280,000

3110 Kurtz Ter · Davenport, FL 33837
3 bd · 2.5 ba · 1,787 sqft · Townhouse · 38 Days on market
Built 2026 Excellent condition 1,742 sqft lot Garage $157/sqft · at area comps Est $281k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Virtually Staged. This two-story townhome puts openness and flexibility first. The main floor flows freely between kitchen, dining, and living space, with a covered patio just outside — an effortless extension of the home's footprint. Upstairs, a loft anchors the second level as a shared retreat, flanked by two bedrooms and an owner's suite that comes complete with its own full bath. Brentwood is a master-planned community in Davenport designed with every age in mind, featuring a resort-inspired pool and a playground for the little ones. Posner Park sits just minutes away for shopping, dining, and entertainment, and AdventHealth Heart of Florida is close at hand.

Key facts

  • Shared retreat
  • Resort inspired pool
  • Covered patio

Tags

TWO STORY TOWNHOMECOVERED PATIOMASTER PLANNED COMMUNITYRESORT INSPIRED POOLPLAYGROUNDSHARED RETREAT

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $280k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-270 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $241k (14.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $211k (24.7% below list).
  • Recommended offer: $211k (24.7% below list) — sets the bar for 1% rule.
  • Cap rate 5.1% vs local median 4.1% in Davenport — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 70/100 on livability (#423 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: employment D+, amenities F, commute F.
  • Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Horizons Elementary School (math 37% / reading 39%, grade F, #1,587 of 2,144 statewide, top 74%, 1,468 students, 42% FRL); Shelley S. Boone Middle School (math 25% / reading 25%, grade F, #517 of 571 statewide, top 91%, 1,403 students, 52% FRL); Ridge Community High School (math 12% / reading 33%, grade F, #539 of 667 statewide, top 81%, 2,711 students, 48% FRL).
  • Zoned-school proficiency averages 28% at this address vs 41% district-wide (-12 pts) — the specific schools serving this property underperform the Polk average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-2.7%/yr); 2025 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 38 days — a 3% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $210,761 (24.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.75%
Cap rate
5.14%
Cash-on-cash
-4.13%
DSCR
0.82
GRM
11.1

CMA / ARV

ARV (median comp)
$280,765
List price
$280,000
Delta
-0.27%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2582 Olympic Ct 0.20mi 3/2.5 1,758 (-2%) 0mo $312,900 $178 88
2574 Olympic Ct 0.21mi 3/2.5 1,673 (-6%) 0mo $299,990 $179 79
2570 Olympic Ct 0.21mi 3/2.5 1,673 (-6%) 0mo $299,990 $179 79
2553 Olympic Ct 0.22mi 3/2.5 1,673 (-6%) 0mo $293,900 $176 79
2545 Olympic Ct 0.22mi 3/2.5 1,673 (-6%) 0mo $293,900 $176 78
2569 Olympic Ct 0.20mi 3/2.5 1,673 (-6%) 2mo $298,490 $178 78
2546 Olympic Ct 0.24mi 3/2.5 1,673 (-6%) 1mo $293,900 $176 78
2550 Olympic Ct 0.23mi 3/2.5 1,673 (-6%) 1mo $293,900 $176 78
2542 Olympic Ct 0.24mi 3/2.5 1,673 (-6%) 2mo $298,900 $179 77
2517 Olympic Ct 0.25mi 3/2.5 1,673 (-6%) 1mo $293,900 $176 77
2521 Olympic Ct 0.25mi 3/2.5 1,673 (-6%) 2mo $298,900 $179 76
2509 Olympic Ct 0.26mi 3/2.5 1,673 (-6%) 2mo $293,900 $176 76

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-26.7%
Equity multiple
0.12×
Total profit
$-68,714
Equity at exit
$41,749
10-year hold
IRR
-38.7%
Equity multiple
-0.35×
Total profit
$-105,719
Equity at exit
$24,209

Cash invested: $78,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
49 active · 70 under contract
Months of supply
10.5 mo (10%/mo absorbed)
Median asking
$291,000 ($191/sqft)
Median days on market
23 d
This list price
29% of active listings are priced below it
ARV vs active asking
-17.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33837

Home prices YoY
-33.9%
Rents YoY
-2.7%
Active inventory
2025
Price-to-rent
11.1×

Monthly cashflow live

Estimated rent
$2,108 high interval (Pro) →
Mortgage (P&I)
$1,468
Tax est. 1.5%
$350 /mo · $4,200/yr
Insurance
$117
HOA
$0
Vacancy / Maint / Mgmt
$443
Net cashflow
$-270

Break-even live

Break-even rent $2,449
Max offer price $240,930
Occupancy floor

Sensitivity live

Price -10% $-77 -5% $-173 +0% $-270 +5% $-367 +10% $-464
Rent -10% $-437 -5% $-353 +0% $-270 +5% $-187 +10% $-104
Rate -1.0pp $-129 -0.5pp $-199 base $-270 +0.5pp $-343 +1.0pp $-416

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$70,000
Closing costs
$8,400
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3122 Kurtz Ter Davenport, FL 3.0 2.5 1787 $1,900 $1.06 119d 1 0.01mi
3126 Kurtz Ter Davenport, FL 3.0 2.5 1629 $1,900 $1.17 99d 1 0.01mi
3106 Kurtz Ter Davenport, FL 3.0 2.5 1787 $2,100 $1.18 110d 1 0.02mi
3119 Kurtz Ter Davenport, FL 3.0 2.5 1628 $1,890 $1.16 119d 1 0.03mi
3123 Kurtz Ter Davenport, FL 3.0 2.5 1787 $2,050 $1.15 98d 1 0.03mi
3111 Kurtz Ter Davenport, FL 3.0 2.5 1787 $2,050 $1.15 98d 1 0.04mi
3107 Kurtz Ter Davenport, FL 3.0 2.5 1787 $1,900 $1.06 119d 1 0.04mi
3143 Kurtz Ter Davenport, FL 3.0 2.5 1628 $1,900 $1.17 63d 1 0.04mi
3218 Watts Ter Davenport, FL 3.0 2.5 1742 $1,900 $1.09 93d 1 0.05mi
1554 Plank Pl Davenport, FL 3.0 2.0 1460 $1,950 $1.34 0d 1 0.05mi
1562 Plank Pl Davenport, FL 3.0 2.5 1386 $1,875 $1.35 9d 1 0.06mi
1566 Plank Pl Davenport, FL 3.0 2.5 1378 $1,900 $1.38 9d 1 0.06mi
1553 Plank Pl Davenport, FL 3.0 2.0 1460 $1,950 $1.34 0d 1 0.08mi
1557 Plank Pl Davenport, FL 3.0 2.5 1386 $1,950 $1.41 9d 1 0.08mi
1561 Plank Pl Davenport, FL 3.0 2.5 1386 $1,880 $1.36 9d 1 0.08mi
1569 Plank Pl Davenport, FL 3.0 2.5 1378 $1,950 $1.42 2d 1 0.08mi
1573 Plank Pl Davenport, FL 3.0 2.5 1460 $1,900 $1.30 9d 1 0.09mi
1707 Wooden St Davenport, FL 3.0 2.5 1692 $2,000 $1.18 6d 1 0.09mi
2939 Maloof Dr Davenport, FL 3.0 2.5 1787 $1,800 $1.01 88d 1 0.10mi
1532 Lumber Ave Davenport, FL 3.0 3.0 1463 $2,000 $1.37 9d 1 0.11mi
1532 Lumber Ave Davenport, FL 3.0 2.5 1463 $2,000 $1.37 119d 1 0.11mi
2419 Bevel Ln Davenport, FL 3.0 2.5 1628 $1,850 $1.14 114d 1 0.11mi
2419 Bevel Ln Davenport, FL 3.0 3.0 1628 $1,850 $1.14 4d 1 0.11mi
2419 Bevel Ln Davenport, FL 3.0 2.5 1628 $1,850 $1.14 119d 1 0.11mi
1440 Plank Pl Davenport, FL 3.0 2.5 1789 $2,100 $1.17 119d 1 0.11mi
2428 Bevel Ln Davenport, FL 3.0 2.5 1378 $1,870 $1.36 9d 1 0.12mi
2416 Bevel Ln Davenport, FL 3.0 2.5 1378 $1,890 $1.37 9d 1 0.13mi
2412 Bevel Ln Davenport, FL 3.0 2.5 1386 $2,100 $1.52 4d 1 0.13mi
2408 Bevel Ln Davenport, FL 3.0 2.5 1460 $1,900 $1.30 9d 1 0.13mi
2641 Olympic Ct Davenport, FL 3.0 2.5 1673 $2,000 $1.20 119d 1 0.15mi
2641 Olympic Ct Davenport, FL 3.0 3.0 1673 $2,000 $1.20 9d 1 0.15mi
1419 Plank Pl Davenport, FL 3.0 2.5 1464 $2,300 $1.57 119d 1 0.15mi
1105 Grassy Lake Dr Davenport, FL 1.0–3.0 1.0–2.0 987 $2,045 $2.07 0d 39 0.16mi
2613 Olympic Ct Davenport, FL 3.0 2.5 1895 $2,200 $1.16 119d 1 0.17mi
1215 Draintree St Davenport, FL 3.0 2.5 1673 $1,750 $1.05 80d 1 0.17mi
1256 Draintree St Davenport, FL 3.0 2.5 1692 $2,275 $1.34 119d 1 0.18mi
1232 Draintree St Davenport, FL 3.0 2.5 1673 $1,875 $1.12 9d 1 0.18mi
2076 Monteverde Ave Davenport, FL 3.0 2.5 1758 $2,000 $1.14 9d 1 0.19mi
1204 Draintree St Davenport, FL 3.0 3.0 1758 $1,975 $1.12 99d 1 0.20mi
2569 Olympic Ct Davenport, FL 3.0 2.5 1673 $2,200 $1.32 9d 1 0.21mi

Property features AI

Finance

Other
UnfurnishedLocated on approximately 0.04 acre (about 162 sq meters)
Financial info
Lease restrictions apply
HOA & community
CDD presentAssociation fees do not include any servicesCommunity allows pets (large pets allowed)

Exterior

Parking
Attached garage (1 car)
Security
Owned security system
Utilities
Public waterPublic sewerElectricity availableNatural gas available
Home design
TownhouseTwo levelsFaces northResidential zoning
Construction
Block and stucco constructionShingle roofSlab foundationBuilt as part of Brentwood Townhomes
Exterior features
Other exterior featuresAsphalt road frontage

Interior

Kitchen
Range
Bedrooms
3 bedrooms
Flooring
Carpet
Bathrooms
2 full baths1 half bath
Heating & cooling
Central heatingCentral air conditioning
Interior features
Stone countersOther interior features
Laundry & utility
Dedicated laundry room

Listing history 50 events

  1. 2026-09-24
    days on market $280,000 Active 38 DOM
  2. 2026-09-23
    days on market $280,000 Active 37 DOM
  3. 2026-09-22
    days on market $280,000 Active 36 DOM
  4. 2026-09-21
    days on market $280,000 Active 35 DOM
  5. 2026-09-20
    days on market $280,000 Active 34 DOM
  6. 2026-09-19
    days on market $280,000 Active 33 DOM
  7. 2026-09-18
    days on market $280,000 Active 32 DOM
  8. 2026-09-17
    days on market $280,000 Active 31 DOM
  9. 2026-09-16
    days on market $280,000 Active 30 DOM
  10. 2026-09-15
    days on market $280,000 Active 29 DOM
  11. 2026-09-14
    days on market $280,000 Active 28 DOM
  12. 2026-09-13
    days on market $280,000 Active 27 DOM
  13. 2026-09-12
    days on market $280,000 Active 26 DOM
  14. 2026-09-11
    days on market $280,000 Active 25 DOM
  15. 2026-09-05
    days on market $280,000 Active 19 DOM
  16. 2026-09-04
    days on market $280,000 Active 18 DOM
  17. 2026-09-03
    days on market $280,000 Active 17 DOM
  18. 2026-08-31
    days on market $280,000 Active 14 DOM
  19. 2026-08-30
    days on market $280,000 Active 13 DOM
  20. 2026-08-29
    days on market $280,000 Active 12 DOM
  21. 2026-08-28
    days on market $280,000 Active 11 DOM
  22. 2026-08-27
    days on market $280,000 Active 10 DOM
  23. 2026-08-26
    days on market $280,000 Active 9 DOM
  24. 2026-08-25
    days on market $280,000 Active 8 DOM
  25. 2026-08-24
    days on market $280,000 Active 7 DOM
  26. 2026-08-23
    days on market $280,000 Active 6 DOM
  27. 2026-08-22
    days on market $280,000 Active 5 DOM
  28. 2026-08-21
    days on market $280,000 Active 4 DOM
  29. 2026-08-20
    days on market $280,000 Active 3 DOM
  30. 2026-08-19
    days on market $280,000 Active 2 DOM
  31. 2026-08-17
    pricedays on marketlisting id $280,000 Active 1 DOM
  32. 2026-07-09
    days on market $288,990 Active 54 DOM
  33. 2026-07-07
    days on market $288,990 Active 52 DOM
  34. 2026-07-06
    days on market $288,990 Active 51 DOM
  35. 2026-07-05
    days on market $288,990 Active 50 DOM
  36. 2026-07-03
    days on market $288,990 Active 48 DOM
  37. 2026-07-02
    days on market $288,990 Active 47 DOM
  38. 2026-07-01
    days on market $288,990 Active 46 DOM
  39. 2026-06-30
    days on market $288,990 Active 45 DOM
  40. 2026-06-29
    days on market $288,990 Active 44 DOM
  41. 2026-06-28
    days on market $288,990 Active 43 DOM
  42. 2026-06-28
    days on market $288,990 Active 42 DOM
  43. 2026-06-27
    days on market $288,990 Active 41 DOM
  44. 2026-06-25
    days on market $288,990 Active 39 DOM
  45. 2026-06-23
    days on market $288,990 Active 37 DOM
  46. 2026-06-22
    pricedays on market $288,990 Active 36 DOM
  47. 2026-06-18
    days on market $293,990 Active 33 DOM
  48. 2026-06-17
    days on market $293,990 Active 32 DOM
  49. 2026-06-16
    days on market $293,990 Active 31 DOM
  50. 2026-06-15
    price $293,990 Active 30 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,291
− Mortgage interest
−$15,684
− Property taxes
−$4,200
− Insurance
−$1,400
− Repairs & maintenance
−$2,023
− Management
−$2,023
− Depreciation
−$8,145
Taxable loss
−$8,185
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,964
After-tax cash flow
$-1,276/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Excellent 100/100 None rehab

This newly constructed townhome is in excellent condition with modern finishes and a great location. It is move-in ready and offers a high ROI for both resale and rental markets.

Value-add opportunities

  • Both Landscaping improvements — Enhances curb appeal and adds value.
  • Both Painting exterior and interior — Fresh paint can improve curb appeal and interior aesthetics.
  • Both Landscaping and curb appeal — Improves the home's overall appearance and can attract more buyers/renters.
  • Rental HVAC maintenance — Ensures the HVAC system is functioning properly and can attract renters.
  • Resale Kitchen and bathroom updates — Modernizing these spaces can attract more buyers and increase the home's value.
  • Both Landscaping and curb appeal — Improves the home's overall appearance and can attract more buyers/renters.
F Composite school gradezoned avg 24/100

Zoned Schools

Elementary Bella Citta Middle Shelley S. Boone Middle School F FL #517/571 Nat'l #10,338/14,009 High Ridge Community High School F FL #539/667 Nat'l #13,583/17,239

Schools (NCES district)

District
Polk
NCES district ID
1201590
Math proficiency
39% ▼ -11.00%
Reading proficiency
43% ▼ -4.00%
Median HH income
$43,979
Composite
34.74/100
National rank
#5132
State rank
#62 of 73 in FL
B Composite livability gradescore 70/100

Livability — Davenport

Score
70/100
State rank
#423
US rank
#7541

Category grades

Amenities F Commute F Cost of living B+ Crime A+ Employment D+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Polk County · 752,975 people
City population
51,255
Metro
Lakeland-Winter Haven, FL
Population (ZIP)
47,389
Household income
$81,276
Rent vs Own
18.5% rent · 81.5% own
Severe rent burden
10% of renters

Population outlook (Polk County) Hauer SSP2

Today (2025)
752,975 people
By 2030
804,621 · +6.9%
By 2040
906,117 · +20.3%
By 2050
1,000,476 · +32.9%
By 2075
1,197,520 · +59.0%
By 2100
1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Hispanic / Latino 42% White 36% Two or more races 16% Black 15% Asian 2%
Hispanic origin (detail)
Mexican 7% Puerto Rican 22% Cuban 2% Dominican 1%
Common ancestry
Hispanic 5% Romanian 3% Lithuanian 1%
Foreign-born
18% · Canada, Jamaica
Languages at home
55% English-only · Spanish 35% French/Haitian/Cajun 6% Other Indo-European 2%

Political lean MEDSL · Polk

2024 margin
Strong R (+20.7) · D 39.2% · R 59.9%
2008→2024 swing
-14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
All cycles
2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

Civics

Price history

8 events — show timeline
  • 2026-08-17 Listed $280,000 Stellar MLS as Distributed by MLS Grid
  • 2026-07-10 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2026-06-19 Price Changed Stellar MLS as Distributed by MLS Grid
  • 2026-06-15 Price Changed Stellar MLS as Distributed by MLS Grid
  • 2026-06-12 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-04-29 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-04-26 Price Changed Stellar MLS as Distributed by MLS Grid
  • 2026-04-02 Listed Stellar MLS as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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